The FTC said that RMCN Credit Services, one of the nation’s largest credit repair companies, violated federal law by lying to consumer reporting agencies, or “credit bureaus,” and charging consumers up to $2,000 in up-front fees before providing its services.
Dr. Mehmet Oz, or Dr. Oz as he is known to millions of TV viewers, appeared before the Senate’s consumer protection panel and was scolded by Chairman Claire McCaskill, D-Missouri, for claims he made about weight-loss aids on his TV show, “The Dr. Oz Show.”
Normally they want you to go to the store and wire them money, or buy a preloaded debit card, and call them back with the card number and PIN. Do that and your money is gone for good.
The Federal Trade Commission called on U.S. lawmakers Tuesday to protect consumers against the mostly unmonitored collection and sharing of their data over the Internet, including their Web surfing habits and personal tastes.
The Federal Trade Commission is mailing checks totaling more than $3.7 million to 26,176 consumers who were told they would be offered $10,000 credit lines.
The FTC charged that this lender, operating under such names as Great Sky Finance and Western Sky Financial, illegally tried to garnish consumers’ wages without a court order, and sought to manipulate the legal system.
A Canada-based boiler room operation targeted U.S. seniors, scamming them out of $20 million between May 2011 and December 2013, and the operation has now been halted, the Federal Trade Commission says.
Two relatively well-known companies failed to secure the transmission of millions of consumers’ sensitive personal data from their mobile apps, the Federal Trade Commission said Friday.
The FTC urged Congress Wednesday to give it the “authority to seek civil penalties to help deter unlawful conduct” and to even grant the agency rule-making authority over non-profit entities, which are not currently subject to FTC oversight.
Boca Raton, Florida-based ADT, maker of home security systems, misled consumers by misrepresenting that paid endorsements from safety and technology experts were “independent” reviews, said the Federal Trade Commission Thursday in announcing a proposed settlement with ADT.